First Heartland Consultants Inc. Purchases New Position in Fidelity Enhanced Small Cap ETF $FESM

First Heartland Consultants Inc. purchased a new position in Fidelity Enhanced Small Cap ETF (NYSEARCA:FESM) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 114,889 shares of the company’s stock, valued at approximately $4,200,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in Fidelity Enhanced Small Cap ETF by 71.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,722,199 shares of the company’s stock valued at $55,093,000 after purchasing an additional 716,411 shares in the last quarter. Vantagepoint Investment Advisers LLC purchased a new position in Fidelity Enhanced Small Cap ETF in the 3rd quarter valued at about $51,358,000. Calamos Wealth Management LLC purchased a new stake in shares of Fidelity Enhanced Small Cap ETF during the third quarter worth about $33,876,000. Envestnet Asset Management Inc. lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 0.7% in the third quarter. Envestnet Asset Management Inc. now owns 422,437 shares of the company’s stock worth $15,444,000 after acquiring an additional 3,086 shares in the last quarter. Finally, Little House Capital LLC lifted its stake in shares of Fidelity Enhanced Small Cap ETF by 2.8% in the third quarter. Little House Capital LLC now owns 378,766 shares of the company’s stock worth $13,848,000 after acquiring an additional 10,273 shares in the last quarter.

Fidelity Enhanced Small Cap ETF Stock Performance

Shares of FESM opened at $39.67 on Tuesday. Fidelity Enhanced Small Cap ETF has a one year low of $25.19 and a one year high of $41.28. The stock has a 50-day moving average price of $39.51 and a 200 day moving average price of $37.52. The company has a market capitalization of $3.80 billion, a P/E ratio of 16.78 and a beta of 1.48.

About Fidelity Enhanced Small Cap ETF

The Fidelity Enhanced Small Cap ETF (FESM) is an exchange-traded fund that mostly invests in small-cap stocks. The fund is an actively managed fund that invests in US, small-cap companies. Stock selection is based on computer-aided analysis, which chooses stocks belonging to the Russel 2000 Index. FESM was launched on Dec 20, 2007 and is issued by Fidelity.